Amazing opportunity to purchase a five-unit property in the City of Sylmar. All units consists of 2 bedroom/1 bath with wall a/c, wall heaters and individual water heaters. With a lot size of 16,186 square feet, the property has a total of 5,068 of rentable square feet. The building has 10 tenant-parking spaces plus 2 additional guest parking. Bonus recreation room may be converted to additional 6th unit or convert to separate ADU. A savvy investor might remove parking spaces and build additional units (buyer to do own diligence with regard to adding units and/or ADU). All tenants are on a month-to-month leases with huge upside in the existing rents. Close proximity to the Antelope Valley Metro Link, shopping, schools, and public transportation. An astute investor will take advantage of the historic low interest rates and the increasing rental market. PLEASE DO NOT DISTURB TENANTS.
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